shot-button
Subscription Subscription
Home > Sports News > Football News > Article > Real Madrids Marcelo under probe for tax fraud

Real Madrid's Marcelo under probe for tax fraud

Updated on: 04 October,2017 09:30 AM IST  |  Madrid
IANS |

Spanish tax agency AEAT on Tuesday launched a tax investigation against Real Madrid's defender Marcelo for an alleged tax offence dating from 2013 and related to his image rights, totalling 400,000 euros ($470,000)

Real Madrid's Marcelo under probe for tax fraud

Spanish tax agency AEAT on Tuesday launched a tax investigation against Real Madrid's defender Marcelo for an alleged tax offence dating from 2013 and related to his image rights, totalling 400,000 euros ($470,000).


Marcelo
Marcelo


The Brazilian footballer had settled this case back in 2015, but it was not handled properly, according to information from Spanish media confirmed by Efe. The AEAT pointed out that the prior settlement was based on corporate tax provisions and not as individual income, thus infringing Spanish tax regulations. The case is now in the hands of the state's financial prosecution, which will decide if there was intention to commit fraud or not.


"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK